05 April

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World Bank chief expects G20 to extend debt payment freeze through end-2021 By Reuters

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WASHINGTON (Reuters) - World Bank President David Malpass on Monday said he expects China, the United States and other Group of 20 major economies to extend a freeze in bilateral debt service payments through the end of 2021 when they meet this week. The G20 Debt Service Suspension Initiative had already helped countries defer some $5 billion in payments through the end...

05 April

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UK scientists say further easing of COVID rules won’t overwhelm health service By Reuters

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LONDON (Reuters) - The next step to ease COVID-19 lockdown restrictions in England is not expected to put unsustainable pressure on the health service even if it results in an uptick of COVID-19 infections, scientists advising the government said on Monday. However, the scientists said that a resurgence in hospitalisations and deaths at some point was still highly likely, though its scale...

05 April

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UK records 26 COVID deaths, 2,762 new cases By Reuters

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LONDON (Reuters) - The United Kingdom recorded a further 26 deaths from COVID-19 and 2,762 new cases, according to daily official data released on Monday. Both marked a rise from the figures released on Sunday, however the data was distorted over the long Easter weekend. On vaccinations, 31.58 million people have had a first dose, up from 31.52 the...

05 April

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Roblox Gains As Several Analysts Call it a Buy By Investing.com

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By Dhirendra Tripathi Investing.com – Roblox (NYSE:RBLX) shares climbed 4% in Monday’s trading after a number of Wall Street analysts called it a buy. Roblox went public in March in a direct listing and topped a market cap of $43 billion soon after. Goldman Sachs's (NYSE:GS) analyst Michael Ng has pegged the value of the shares at $81, which is 14% higher...

05 April

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U.S. Supreme Court sides with Google in major copyright dispute with Oracle By Reuters

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By Andrew Chung (Reuters) - The U.S. Supreme Court handed Alphabet (NASDAQ:GOOGL) Inc's Google a major victory on Monday, ruling that its use of Oracle Corp (NYSE:ORCL)'s software code to build the Android operating system that runs most of the world's smartphones did not violate federal copyright law. In a 6-2...

05 April

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Palantir Climbs on $89.9 Million Government Contract By Investing.com

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By Dhirendra Tripathi Investing.com – Palantir Technologies (NYSE:PLTR) jumped 5% Monday after announcing an $89.9 million order from the National Nuclear Security Administration. NNSA is a semi-autonomous agency within the U.S. Department of Energy, responsible for enhancing national security through military application of nuclear science. Under the five-year contract – its first with NNSA -- Palantir will provide NNSA’s Office of Safety, Infrastructure,...

05 April

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U.S. Treasury Secretary Yellen to call for global minimum tax rate -Axios By Reuters

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(Reuters) - U.S. Treasury Secretary Janet Yellen will call for a global minimum corporate tax rate in a speech on Monday in a bid to sell a key provision in President Joe Biden's tax and infrastructure spending plan, Axios reported on Monday. The U.S. commitment to a global minimum tax also could help jump-start negotiations between wealthy countries on taxing international corporations,...

05 April

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Tesla Gains On Record Quarterly Deliveries, Analyst Upgrade By Investing.com

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By Dhirendra Tripathi Investing.com – Tesla (NASDAQ:TSLA) shares jumped 6% Monday following its announcement of record deliveries in the March quarter. The company Friday said it delivered 184,800 vehicles and produced 180,338 cars in the first quarter of 2021, topping the 180,570 deliveries of last year’s fourth quarter and also estimates of 177,822 vehicles, according to Refinitiv data. The record deliveries prompted analysts...

05 April

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Sempra Energy to sell 20% stake in unit to KKR for $3.37 billion By Reuters

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(Reuters) - Energy infrastructure company Sempra Energy (NYSE:SRE) said on Monday it would sell a 20% stake in its new business platform, Sempra Infrastructure Partners, to investment firm KKR for $3.37 billion in cash. The sale was flagged by Sempra in December and comes as the company sharpens its focus on...

05 April

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Buyout firm Genstar raises over $10 billion for tenth midmarket fund By Reuters

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(Reuters) - Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its tenth flagship fund. The announcement comes less than two years after the buyout firm raked in $7 billion for its ninth fund. U.S. private equity fundraising dropped to $203.2 billion in 2020 from...

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World Bank chief expects G20 to extend debt payment freeze through end-2021 By Reuters

UK scientists say further easing of COVID rules won’t overwhelm health service By Reuters

UK records 26 COVID deaths, 2,762 new cases By Reuters

Roblox Gains As Several Analysts Call it a Buy By Investing.com

U.S. Supreme Court sides with Google in major copyright dispute with Oracle By Reuters

Palantir Climbs on $89.9 Million Government Contract By Investing.com

U.S. Treasury Secretary Yellen to call for global minimum tax rate -Axios By Reuters

Tesla Gains On Record Quarterly Deliveries, Analyst Upgrade By Investing.com

Sempra Energy to sell 20% stake in unit to KKR for $3.37 billion By Reuters

Buyout firm Genstar raises over $10 billion for tenth midmarket fund By Reuters

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